Global Pharmaceutical Hub
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Global Pharmaceutical Hub
Gujarat, an established manufacturing base - for bulk drugs and formulations, is poised to capture global opportunities to become a Global Pharmaceuticals Hub.
Turnover of Gujarat Pharmaceutical industry was worth USD 7.8 billion in 2013-14.
- 5,585 manufacturing licenses; Home to - 40% of CRO in the country
- 40% of machinery for Pharma sector manufactured by Gujarat
- Largest Manufacturer of I.V. sets in India; Only manufacturer of Balsum
- 70% of cardiac stents & 50% of intraocular lenses manufactured in Gujarat
- Only manufacturer of a digestive enzyme, Pink Papain, in the world
- 58% of orthopedic implants manufactured in Gujarat
- Only manufacturer of ranitidine hydrochloride in the country
- 40% of India's CRAMS companies
- Gujarat contributes 40% to India's total pharmaceutical production
- Pharma exports from Gujarat in 2013 stood at USD 2.83 billion ( 28% of India's pharma export)
- Pharma sector provides employment to around 75,000 people
- Annual turnover of the Biotechnology sector is USD 200 million
- Presence of more than 50 Biotechnology companies and 66 support organizations